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"Clinton Foundation Is Charity Fraud Of Epic Proportions", Analyst Charges In Stunning Takedown
Zero Hedge ^ | 9-7-2016 | Tyler Durden

Posted on 09/07/2016 5:29:55 PM PDT by blam

Tyler Durden
September 7, 2016

In early May, we introduced readers to Charles Ortel, a Wall Street analyst who uncovered financial discrepancies at General Electric before its stock crashed in 2008, and whom the Sunday Times of London described as "one of the finest analysts of financial statements on the planet" in a 2009 story detailing the troubles at AIG. Having moved on beyond simple corporate fraud, Ortel spent the past year and a half digging into something more relevant to the current US situation:"charities", and specifically the Clinton Foundation’s public records, federal and state-level tax filings, and donor disclosures.

Four months ago, Ortel began releasing his preliminary findings in the first of a series of up to 40 planned reports on his website. His allegation was simple: “this is a charity fraud.”

To learn more about the Clinton Foundation, Ortel decided to "take it apart and see how it worked" and he has been doing that ever since February 2015.

“I decided, as I did with GE, let’s pick one that’s complicated,” said Ortel. “The Clinton Foundation is complicated, but it’s really very small compared to GE.”

When Ortel tried to match up the Clinton Foundation’s tax filings with the disclosure reports from its major donors, he said he started to find problems. That includes records from the foundation’s many offshoots—including the Clinton Health Access Initiative and the Clinton Global Initiative—as well as its foreign subsidiaries.

"I decided it would be fun to cross-check what their donors thought they did when they donated to the Clinton Foundation, and that’s when I got really irritated,” he said. “There are massive discrepancies between what some of the major donors say they gave to the Clinton Foundation to do, and what the Clinton Foundation

(snip)

(Excerpt) Read more at zerohedge.com ...


TOPICS: Breaking News; News/Current Events
KEYWORDS: charity; clinton; clintoncharity; clintoncrimefamily; clintonfoundation; crime; crookedhillary; fraud; slushfund
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1 posted on 09/07/2016 5:29:55 PM PDT by blam
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To: blam

The IRS would shake down ordinary taxpayers for a few hundred dollars,but ignore millions in patent tax fraud by the Clinton Foundation.


2 posted on 09/07/2016 5:44:28 PM PDT by The Great RJ ("Socialists are happy until they run out of other people's money." Margaret Thatcher)
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To: blam

Well, not to be a naysayer, but with today’s mainstream media democrat praetorian guards, it could be found out that the Clinton’s were buying live infants for Hillary to eat and the MSM would yawn, ignore it, and still go after Trump.


3 posted on 09/07/2016 5:44:38 PM PDT by Bullish (That establishment heads from both sides are exploding over Trump is the very best part.)
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To: blam

Trump for president

Clinton for prison


4 posted on 09/07/2016 5:44:51 PM PDT by Scooter100
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To: blam

Chas Ortel is by far, the single most accurate, diligent, and astute documentor of the activities of the Clinton Foundation. He has done the work himself and virtually everyone else is second hand info, all of which derives from Ortel’s work. He is a legitimate forensic accountant, CPA, with extensive experience in charity fraud and charity reporting requirements. State vs Federal.

If you want to know what the CF is really about and get an idea of exactly which laws were broken (not just “that’s scummy and should be illegal!”) I strongly recommend his work. Every other piece of reporting I have seen derives from Ortel’s work.


5 posted on 09/07/2016 5:44:56 PM PDT by Attention Surplus Disorder (I had a cool idea for a new tagline and I forgot it!)
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To: blam

” the Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid. That’s because the organization spent the vast bulk of its windfall on “administration, travel, salaries and bonuses”, with the fattest payouts going to family friends.”

It is what we have been saying for years.


6 posted on 09/07/2016 5:46:06 PM PDT by Blood of Tyrants (Only idiot liberals believe that disarming the sheep makes them safe from the wolves.)
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To: Bullish

So what is it you’re saying with a post like that....that we should give up trying to jail the Clinton’s?


7 posted on 09/07/2016 5:47:01 PM PDT by Scooter100
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To: Bullish

Sadly you are right.


8 posted on 09/07/2016 5:48:36 PM PDT by laplata ( Liberals/Progressives have diseased minds.)
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To: blam

‘Charity Navigator’ which is a site I use when deciding if something is legit before I donate, gives their ‘foundation’ a very, VERY poor rating.

As if I’d EVER give them a dime, but still...


9 posted on 09/07/2016 5:49:44 PM PDT by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set!)
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To: laplata

“A stunning takedown” that won’t see the light of day.


10 posted on 09/07/2016 5:53:00 PM PDT by huckfillary
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To: huckfillary

I don’t understand.


11 posted on 09/07/2016 5:57:14 PM PDT by laplata ( Liberals/Progressives have diseased minds.)
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To: blam

Until Trump gets in and replaces the criminals at the Dept. of Just Us, nothing will get done. This is what Benghazi and Slick Willy are more afraid of than the Email controversy.


12 posted on 09/07/2016 5:57:17 PM PDT by RetiredTexasVet (The Mofia is a private crime family; whereas, the DOJ is the gov't's political crime family.)
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To: blam
Clinton Global Crime Initiative...
..................
13 posted on 09/07/2016 6:01:07 PM PDT by Chode (You Owe Them Nothing - Not Respect, Not Loyalty, Not Obedience, NOTHING!)
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To: RetiredTexasVet

That’s another reason to be concerned for the safety of Donald Trump.


14 posted on 09/07/2016 6:05:13 PM PDT by laplata ( Liberals/Progressives have diseased minds.)
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To: Scooter100

Not at all. The drip-drip-drip of Clinton corruption is still helpful but it falls on deaf ears to those who could really get the LIV’s attention, you know? The MSM.

The democrat controlled media has the LIV’s convinced that any and all negative news about Hillary is just right wing babble so they tune it all out.... Sadly.

We all know better here. We’re all well versed on Clinton crimes and corruption. We are NOT the ones who need to be convinced. We all know full well the Marxist pigs and Alinksyites they are.


15 posted on 09/07/2016 6:07:08 PM PDT by Bullish (That establishment heads from both sides are exploding over Trump is the very best part.)
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To: blam

Oh pish-tosh, they forgot to file some little papers with the IRS. Who hasn’t?


16 posted on 09/07/2016 6:07:52 PM PDT by ichabod1 (Make America Normal Again)
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To: Scooter100

I think a bumper sticker with that would be great


17 posted on 09/07/2016 6:09:22 PM PDT by goodnesswins (Hillary & Huma SUPPORT those who support CLITORECTOMIES for little girls...SICKOS)
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To: Blood of Tyrants
The slush funds to the Clintons is only part of this.

His stunning summary: "An educated guess, based upon ongoing analysis of the public record begun in February 2015, is that the Clinton Foundation entities are part of a network that has defrauded donors and created illegal private gains of approximately $100 billion in combined magnitude, and possibly more, since 23 October 1997."

The icing on the cake would be if the Clintons are also giving out fraudulent charitable donation receipts for a cut of the take. I wouldn't put it past them.

18 posted on 09/07/2016 6:10:19 PM PDT by Reverend Wright ( "Stop smiling and smirking like it's a funny thing !")
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To: blam

$100 Billion with a B
for the HillBill to live like Eva Peron
while the poor they purport to help
wait in vain and blame America

starve the charities
go local with your church


19 posted on 09/07/2016 6:13:04 PM PDT by blueplum ((March 11, 2016 - the day the First Amendment died?))
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To: Blah; All

Thanks very much for posting, blam.

Hillary, Bill and Chelsea for federal prison.

HOORAY Charles Ortel

http://charlesortel.com


20 posted on 09/07/2016 6:24:20 PM PDT by PGalt
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